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DEC co-founder in 1977: "There is no reason for any individual to have a computer in his home"
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DEC co-founder in 1977: "There is no reason for any individual to have a computer in his home"

Ken Olsen, co-founder and CEO of Digital Equipment Corporation (DEC), once famously declared there was no reason for any individual to have a computer at home. DEC was a major minicomputer producer for decades before its decline and disappearance in 1998. Olsen's quote is now widely cited as one of the most spectacularly wrong predictions in tech history.

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